94 RIDDIFORD STREET, NEWTOWN


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A new commercial building in Riddiford Street, Newtown, completed, fully leased and sold. Adjacent to Wellington Hospital. Quality tenants include Ministry of Social Development and Primary Healthcare Organisation.

Landmark tenants in the area include Benchmark, Westpac, NZ Post, McDonalds, and Pizza Hutt to name a few. Opposite Wellington Hospital.



Benefits of the site:

  • New building completed in late 2006

  • Ground floor leased to a Government tenant (area 700m²)

  • First floor leased to PHO Health Providers (area 680m²)

  • 9 car parks on one separate unit title

  • Access to Hall Avenue at the rear

  • Excellent natural light

  • Lift access

  • Excellent exposure to Wellington’s southern suburbs

  • Opposite the $350 million Wellington Hospital redevelopment

  • Frontage to main retail area of Newtown

Gross Income $369,000 (exc GST)
Outgoings $50,000 (exc Gst)
Price $4,500,000 (exc GST if any)
Cap rate 7.09% nett



GROUND FLOOR PLAN



FIRST FLOOR PLAN


For more information contact:

City Living Group Ltd

Telephone: 
Facsimile:
Email:

+64 4 570 3310
+64 4 570 3317
graeme@CityLivingNZ.com or
peter@CityLivingNZ.com


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